IronNet Cybersecurity went public via a merger with LGL Systems Acquisition in a $927m deal.

IronNet Cybersecurity, a network security company, went public via a merger with LGL Systems Acquisition, a SPAC, in a $927m deal. The transaction included a $125m fully-committed common stock PIPE joined by Emles Advisors, Weiss Asset Management, The Phoenix Insurance Company, Bridgewater Associates, ForgePoint Capital, and Kleiner Perkins. “We are excited to complete this business combination, which will position IronNet to truly transform and scale cyber defense for more organizations around the world. As a public company, we intend to apply our increased financial resources to accelerate product innovation for our customers and expand our portfolio of offerings. We are grateful to LGL for their support of IronNet and their faith in our mission, and we look forward to making the world a safer place with Collective Defense," Keith Alexander, IronNet Founder and Co-CEO.